Generating Income in 2015

To attain a high and sustainable income stream, investors will need to seek global opportunities, say Dan Ivascyn and Alfred Murata.

In the current interest rate environment, it can be difficult for many investors to generate a high and sustainable income stream. While some investors may adjust by extending out on the interest rate curve or by increasing credit risk, both of these strategies can expose investors to the risk of significant capital losses in the event of an interest rate sell-off or a widening in credit spreads. Although it is possible to attain a high and sustainable income stream in this environment, we believe it is essential for investors to take advantage of the best opportunities around the globe to achieve this income stream...